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What is project cost and schedule status

Assignment Help Operation Management
Reference no: EM131642056

1. An advantage of the product-oriented WBS is that it:

    a. provides an excellent view of the whole product

    b. focuses on the schedule of the project

    c. focuses on the cost of the project

    d. is logical, and fairly easy to read

2. If BCWP=$500, BCWS=$600, ACWP=$400 and EAC=$900, what is project cost and schedule status?

    a. under budget, behind schedule

    b. over budget, behind schedule

    c. over budget, ahead of schedule

    d. under budget, ahead of schedule

3. The only time to conduct effective estimation in project management is during pre-project (initiation) phase.

    a. true

    b. false

4. A problem with time-boxed scheduling is that it requires solid quantitative skills to be able to use it effectively.

    a. true

    b. false

5. Another name for Gantt chart is precedence diagram.

    a. true

    b. false

6. The parametric estimating technique is typically used in developing definitive estimates.

    a. true

    b. false

Reference no: EM131642056

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